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approved a measure that exempts several tax measures for the n-f-l. kron 4's j.r. stone talked with santa clara's mayor who says this is a win win deal for everyone. while some still question this move?.mayor jamie matthews told me tuesday evening that the city will as part of the agreement that was unanimously approved?.hotel tax?s for 350 of those with the nfl will be waived. two tax surcharges that would go to funding the new stadium are also waived among other things. the mayor says money will be made back from filling hotels and also private donors. some that i talked with this evening are still not happy with the city?s decision. santa clara is competing with miami for the 2016 super bowl. miami however chose not to give in to these requests made by the nfl. mayor matthews believes this move puts santa clara in a prime position to get the big game. while there was lots of super bowl talk tonight keep in mind the nfl won?t make their decision on a location until late may. reporting in santa clara j.r. stone kron 4 news. now to a developing story in san jose. police are looking for a
the nfl from certain taxes into the millions of dollars. let me show you video and that is going on and this meeting is taking place as we speak. in turn, they are going to get that money back and other areas. they would break even. the 49ers new stadium will be done in 2014. this is a bid for the 2016 super bowl. >> approval would exempt 350 employees from a pay employee taxes and to exempt the surcharge on the super bowl tickets those are just too of a number of exemptions with a number of mixed opinions. >> i think that 100 million watching a game being played in santa clara will be good for the city of santa clara. >> we are urgent generate there is no proof of that money being made up. >> this would bring them one step closer to get the super bowl and and they are in a competition with miami to try to get the 2016 preliminary report on april 21st. they will decide on a if location until the late part of the month of may. j.r. stone, kron 4 news. city leaders say they would be giving up millions of dollars up front but in turn they would be gaining that money back in other ar
trillion dollars in new tax revenues over the coming decade. >> gun control advocates scored a big victory on the assault weapons ban, but not without emotional fireworks between lawmakers. the senate judiciary committee has approved an assault weapons ban that was proposed by california senator dianne feinstein. as she was clearly angry when a matter member of the two- party and senate colleague tried to scold her about the constitution. >> it seems to me that all of us could be seeing are foundational document as the constitution. >> i am not a sixth grader. i have been on this committee for 20 years. i was a mayor for nine years. i walked in and saw people shot. i saw the bodies that were shot with these weapons. i have seen the bullets that and closed. sandy hook youngsters were dismembered. >> the measure now goes to the full senate for consideration. it is plan to be a tough fight because of opposition by the nra and an expected filibuster by republicans. feinstein as hoping president obama can help fight for the ban might present ended firmer bill back in the '90s. the president has
to stay alert. register's tax offender charles christensen has moved into the neighborhood on will pass road. he has committed several sex crimes against children and is considered a sexually violent predator. if the second sex offender to move in the area and parents are wary about their children's safety. >> this the second time this happened the first time we did not do anything i do not know if we will be able to do the thing this time. >> my granddaughter is 6 and she is smart and intelligent. i showed her the picture and told her exactly what it is. he is a sex guide, a dirty guide. if you ever see him run the other way. >> parents from local elementary are reportedly planning a protest for later today. will let you know if that happens. >> we will take a break. >> it is 4:08 . we will have more headlines. we are following weather and traffic. >> everything is fine as the span of the san mateo bridge although there is reports of a similar by 580 near livermore. >> if you are in the area or 580 is part of your commute you may expect delays live this morning. we will keep you update
♪ your ticket to a better night's sleep federal tax return for 2009, you could be missing out on a refund. how many millions the i-r-s says is still unclaimed. now for today's market update. the dow extended its winning streak for the 10th straight day. it's the longest winning streak since 1996. here are the closing numbers. the dow rose 83 points to close at 14-thousand-539. the nasdaq rose 13 points. and the s-and-p came within two points of its all-time high.after gaining 8 points. >> catherine: if you didn't file your federal tax return for 2009, you could be missing out on a refund. the i-r-s says it has 917- million dollars in unclaimed tax refunds from that year. and says that 984-thousand people haven't submitted returns. a lot of the money works out to be more than 500- dollar per person. time is running out to claim the cash. 2009 tax returns must be submitted by april 15th. if you miss that deadline, your money will be handed over to the u-s treasury. >> catherine: honda is recalling 180,000 vehicles in the u-s and nearly 250,000 worldwide. a brake problem is to bl
as two tax surcharges that would go funding the new stadium. while santa clara's mayer says the money will be made back from private donors and filing that as spilling hotels, some committee members said they're still not happy with the city's decision. >> santa clara is competing with miami for the 2006 superbowl. --2016 superbowl. miami however chose not to give in to these requests made by the nfl. santa clara mayor belize this move as a city in prime position to get the big game. the nfl is not suspected--x spec to make their decision on the location until late may. >> site mary's had advanced in the first round of the ncaa tournament. the gaels beat middle tennessee state 67-54. the m > welcome back. the time is 4:10. >> the man suspected of killing five people inside his san francisco appeared in court yesterday. bin thai luc and be a non native pleaded not guilty to five counts of murder plus
said that they will access the internet mostly by cellphone. tax experts say these young mobil servers will continue to influence the way corporations do business and marketers advertise will only continue to evolves, as the wwill the way mobilizes are monitored. >> you will pay nearly $50 million in bonuses to for the internet search company's top executives for their performances last year. documents filed tuesday disclose executive chairman eric schmidt will get the biggest award at $6 million. most of its wealth is tied up in google stock. those of the bank of $3.3 million bonus to a top lawyer. the chief financial officer and the company's t business office are each getting bonuses of $2.8 million. >> it looks like twinkies and returned to stores shows their own. houses has announced that to a buyout firms have agreed to buy the brand. the deal includes the loans. the proposed transaction includes the brands by bakeries and equipment. a bankruptcy court still has to approve equipment. a bankruptcy court still has to approve so she sees her allergist who has a receptionist susan, w
. and really what is driving the dow jones. >> european markets and levyiing a tax... they did not want to bail out and the european nations but it is no we were at 10 straight days of a record high. many reasons that this happened is because it wa on down 5 1/2% for however, it looked like it was getting back to normal. >> what is interesting about cyprus is that it is a bit of an analogy like the cayman islands. where there are a lot of money invested offshore? was there any tax consequences? >> they have a bank holiday today. seousometimes they will lose confidence and not be able to get their money overseas. >> what about ope housing in the bay area are here today? >> yes this report released from data quick what i think that could derail the stock market's is possibly interest rates. i would see them to say that it would be a good thing for the bull market for the cyprus money situation. >> keeping interest rates low. >> and there are no right answers there is a plus and minus. we are going to come back with robert black at 9:15 and 6:48. erica? >> good morning. let me start off with this
to waive the hotel taxes that could mean millions of dollars. >> off what could help santa clara, san francisco is the fact that miami the other city competing for 2016 has told the nfl will not waive the hotel taxes. santa clara will decide if that will happen. >> we will look at that and perhaps at that time they will say the bay area is a much better deal and miami. >> will have to wait and see. do we have any idea when they make the decision. >> the owners have to get together and vote? >> may 22nd there will make the decision. they have to give the host city several years to prepare to get the infrastructure in place. they have to build facilities if necessary to host insuperable. >> if i just left norland it is huge. you need all kinds of buildings conference rooms and all these things to host the nfl media as well as the activity for the fans. >> we shall see will. thank you for the update. 7 07 we will be back with more in a couple of minutes. a live look outside as we wait for the weather is a change. if we're looking at storm had our way. will have more on the timing in a co
of the measure, hotel taxes and those with the nfl will be waived as well as to tax surcharges that would go to funding the new stadium. while santa clara's mayor said the money will been made back from the private donors and from filling the hotels, some community member say that they are still not happy with the city's decision. >> santa clara is a competing with miami for the 2016 super bowl. miami however, chose not to give in to these requests that were made by the nfl. santa clara's mayor believes that the move puts the city in a prime position to get the big game. the nfl is not expected to make their decision on a location until late may. >> we will be right back. [ teen ] times are good, aren't they, kids? it's nice having u-verse, isn't it? see back in my day, we didn't have these newfangled wireless receivers. fangled? no, we watched march madness in the living room... that's where the tv outlet was. what is he talking about? and if mom was hosting her book club that day, guess what...you missed it! we couldn't just move the tv all willy-nilly all over the house. ohh! ohh! k
would cut spending by nearly five-trillion dollars over a decade without raising taxes. the democrats' plan is aimed at reducing the deficit by about a trillion dollars over ten years by using spending cuts and tax increases. the president will release his own proposal next month. >> catherine: this was the first full day on the job for pope francis. catholics hope it marks the beginning of a turnaround after years of scandal. erin mclaughlin has the latest from rome. >> reporter: as part of his new day on the job he celebrated mass with the cardinals who voted for him. >> i think you and the prayers that will kill us of this race. >> reporter: a quiet contrast from the thunderous confirmation. >> the word francis, the choice has a lot to do with his internal desire to church the level of beginnings. >> we are learning about the new process of election. >> you gradually began to sense a movement and you pray and talk a lot to others. there is a gradual movement that i found that generated a lot of joy and serenity. >> he was the arch bishop of blindness august, argentina. >> i think t
of dollars in exchange for santa clara to host the super bowl. as a are the measure, hotel taxes to of those up with the nfl will be waived as well 2000 as to tax surcharges that would go in and funding to in new stadium. santa clara is competing with miami for the 2016 super bowl. miami however chose not to given to the request made by the nfl. santa clara's mayor believes as moves as the city and a prime position to get the big game. the nfl is not expected to make their decision on the location until late may. 7:36 a.m. and we will take a break. a live look at the james lick freeway, try the backing up a little bit on southbound 1 01. overall, not too bad. we will be right back. [ malema announcer ] whewn it comes to the finannacial obstacles milmitary families face, we understand. our oufinancnaial advice is ge gared specifically to cuo rrent enand former mily me mbers and their familie lifle brings obstacles. usaa bra ings retirement advi. that's my late night munchie meal. comes with one of four awesome new entrées. i got an exploding cheesy chicken sandwich! i got a stacked grilled c
not file your federal tax return for 2009, you could be missing out on a refund. if the irs says that it has $970 million and unplanned tax refunds from that year. they say that 984,000 people have not submitted returns. a lot of the money works out to be more than $500 per person. if time is running out to claim the cash. 2009 tax returns must be submitted by april the 15th. if you miss that deadline, your money will be handed over to the u.s. treasury. >> oregon's law makers were briefed on an extension report on the potential damage from a monster earthquake and to some eight [ teen ] times are good, aren't they, kids? it's nice having u-verse, isn't it? see back in my day, we didn't have these newfangled wireless receivers. fangled? no, we watched march madness in the living room... that's where the tv outlet was. what is he talking about? and if mom was hosting her book club that day, guess what...you missed it! we couldn't just move the tv all willy-nilly all over the house. ohh! ohh! kids today have it so good. ok. [ male announcer ] call to get u-verse tv starting a
nd straight trading day. worries about a controversial bailout -- and a bank tax in cyprus kept investors on edge. here are today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. the vatican has released details of the pope's installation mass tomorrow.. it will be a simpler version of the 2005 ceremony for pope benedict. more than 132 government delegations will attend. including representatives of christian, jewish, muslim and other faiths. the mass will be at saint peter's square. and is expected to last about two hours. before the ceremony, pope francis will receive the fisherman's ring. made of silver and gold with the image of saint peter. we'll carry the pope's installation mass live -- at one-30 a-m on our 24- seven bay area news channel, comcast 193. or you can watch it streaming online at kron4.com. first soda -- now cigarettes. new york city mayor michael bloomberg is targeting tobacco sales. he wants to require stores to keep tobacco products out of sight unless an adult is buying something.or employees are r
taxes in a cyprus kept investors on edge. >> citicorp has agreed to pay $730 million to settle a class action lawsuit that claimed that investors were ms. sold by the banks' disclosures when they purchased its debt and preferred stock. the investors' purchases were made from a may 11, 2006 through november 28, 2008. city groupthink denied the allegations but agreed to the settlement so that they could get rid of further expenses and insurgencies that come along with a drawn-out litigation. >> video game publisher electronic arts say that it ceo, john riccitiello, will step down at the end of the mob. he says that he was " accountable " for the company's missing operational targets. the aid has named larry probst as executive chairman and while it is searching for a replacement. the video game maker says that its revenue and earnings per share will be at the low end or below its january guidance. >> a 60 year-old girl has been arrested after she crashed a stolen car into a tree in sunnyvale. authority say that around 1:00 a.m. monday, police attempt to stop a vehicle that was driving on
. higher taxes and an improving economy are expected to hold the deficit below one- trillion dollars for the first time since president obama took office. >> reporter: police say they're searching an upstate new york village after exchanging fire with a man suspected of killing four people and wounding two others. state police superintendent joseph d'amico says swat teams and other officers were fired on from an abandoned building in herkimer early wednesday afternoon while looking for 64-year-old kurt myers. police say myers' rampage started with a fire in his apartment in the nearby village of mohawk at about 9:30 a.m. wednesday. they say he then used a shotgun shot to shoot four people, two fatally, at a barbershop around the corner before killing two more at a herkimer oil change and car wash business. >> catherine: a new york grand jury indicted a man today.for a hit and run accident that killed a couple and their unborn child in brooklyn. police say julio acevedo had been speeding. he surrendered to police in pennsylvania last week and was indicted on a charge of leaving an acc
to the california teachers association the main reason. voters passed prop 30. that permanently raises income taxes on the wealthy while temporarily increasing the sales tax by a quarter of a penny. this is supposed to bring in 6-billion dollars in school and university funding. quickly i want to show you where some pink slips are going out to teachers in the bay area. san francisco unified will cut 185 jobs. that is 142 certified staff positions. and 43 teacher aids. oakland unified will cut 65 administrators. and 11 probationary, non tenured teachers. alum rock is giving out 87 notices in total. 78 of those are to teachers. antioch is cutting 13 teachers. redwood city. 8 certified positions maybe eliminated. this includes school nurses and counselors. not all the teachers who got pink slips will lose their jobs. typically, most of the pink slips are rescinded. once the district's understand how much money they will have. >> catherine: this 20 year- old matthew abraham has been found he vanished. he seemed disoriented but he has been found in the state of utah he was traveling with a companion tha
. this is happening today at3 37270 niles road and fremont. it will run from 1:00 p.m. to 5:00 p.m.. >> a taxing car jacking and eight while the police chase ended in police opening fire in san francisco. police say 25 you're a man jumped into the blood of the taxi near jackson and you can and friday morning. he is accused of stealing the cab and then leading police on the chase. eventually he rammed into a police car. officers shot at the the man, but he got away. he was finally arrested in the marine industry. no one else was injured. >> there also several gun buyback the events going on today in the bay area. police are urging residents to turn in their firearms for cash. and pittsburg, police will pay $50 for inoperable fire arms, $200 for semi-automatic guns, shotguns, revolvers and rifles and $300 for assault weapons. the event will be held at city hall is 66 avenuat 65 civic avenue from 10 a.m. to 3:00 p.m.. >> in fremont, the police department is hosting an anonymous gun buyback even today. it begins at 10:00 a.m. at the fremont fire department training facility at 7200 stevenson boulevard.
a bailout and a bank tax in cyprus kept investors on edge. here's a look closing numbers. the dow fell 62. . >> the nasdaq dropped 11. . >> of the s&p fell eight. . >> city group has agreed to pay seven of the $30 million to settle a class-action su$730 million to settle a class-action lawsuit that claimed investors were misled by the banks' disclosures when they purchased its debt and preferred stock. the investors purchases were made from may 11, 2006 through november 2008. to group inc. denied the allegations but agreed to the settlements or to get rid of future expenses and uncertainties that came along with the drawn out litigation. >> coca-cola is taking of water and doing what coke is famous for giving it some bubbles and flavor. the company confirmed monday that it would introduce a lot of fruit flavored seltzer water is called for water started a first. for water comes at a time when americans are drinking less soda, after per capita sales hit a high in the late 1990's. the decline has been attributed to growing concerns about obesity, as well as the proliferation of options in t
. in comparison, does 15 percent of adults said they access the internet mostly by self of. tax experts say these young mobil servers will continue to influence the way corporations do business and marketers advertised will only continue to evolves, as the way mobilizes are monitored. >> ogoogle is paying nearly $50 million in bonuses to for the internet search the company's top executives for their performances last year. documents filed tuesday disclosed executive chairman eric schmidt will get the biggest award at $6 million. most of smith's wealth is tied up in google stock. google is also paying a $3.3 million bonus to a top lawyer. the chief financial officer and the company's jeep business officer are each getting bonuses of $2.8 million. >> it looks like twinkies may return to store shelves soon. hostess as announced that to buy out firms have agreed to buy the brand the deal includes ding-dongs. the above transactions include the brands five bakeries and equipment. a bankruptcy court still has to approve the deal. the only thing we'd ever grown together was a record collection. no.
a controversial bailout -- and a bank tax in cyprus kept investors on edge. today's closing numbers. the dow fell 62 points. the nasdaq dropped 11 points. and the s-and-p fell eight points. 14,452.06 -62.05 nasdaq 3,237.59 -11.48 s&p -8.60 >> this is a bit of a bottleneck. people are shopping which is great with expectations for the future but we just need standards to become more lose some people can buy. i call this a loser but it is probably a winner. >> restrictions are still heavy. these hurdles are still pretty high? the other loser you have is carnival cruise. it is not difficult to imagine why. >> yes. that i am still having this recurring nightmare that i have a nightmare with carnival cruise lines let us talk about the college basketball team illegal cardinals they are making money! this is getting really difficult reviews but itng revenues. if yu look at disney everything that they touch you want to invest in animation. they have star wars. and avengers and tyey -- they announced several animation projects. >> thank you, rob go to our new channel. comcast 193 for the latest news, as we
. they will vote tonight for a tax exemption. you will hear what those have to say about those ideas coming up at 8:00 p.m. j.r. stone, kron 4 news. >> now to another developing story tonght.seven marines are killed.seven others injured.during a training exercise in the mountains of nevada. it happened at the hawthorne army depot in hawthorne nevada. that's about 130 miles south-east of reno. this is a very rural, sparsely populated area. military officials say marines were conducting live fire and maneuver training when a mortar round exploded. the army depot is used for storing ammunition and weapon that are set to be deactivated. >> we do not know what caused this malfunction. this team of investigators has begun an investigation to figure out what happened. >> they were transferred to reno, nevada. this was part of a regular training to maintain the readiness. >> we would appreciate your support eds we mourn the loss we will remember their courage and sacrifice >> from the senate floor they are all mourning. the loss.. >> my thoughts are with them with the families. this was a late monday night
and live in fear. >> i personally do not want anyone to get hurt in the school are get the tax are the call that something happened. i don't really take this seriously but you still have to be able to live your life. >> just for extra caution the school will provide counselors in case the children need someone to talk to. anyone with any information should call the police. >> 7 of 58 am and noon this morning aftea month after a carnival cruise ship was stranded for five days in the gulf of mexico, another of its purchases reporting equipment problems and the caribbean. the captain of the carnival dream has notified the coast guard of possible trouble with the ship's propulsion system. this is dock at phillipsburg in st. martin. they're about 36 other people on board. just last month, an engine fire crippled the carnival triumph waiting for a thousand 200 without working toilets or power. >> new this morning a 4.6 magnitude earthquake struck early this morning. we have a map of where was located in adjutancy it was in the north bay center just 3 mi. southwest of pop and 13 mi. southwest of c
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